Business

Bangko Sentral ng Pilipinas (BSP) reported that the Foreign Direct Investment (FDI) in December 2016 has more than doubled than the FDI net inflows in December 2015. The total FDI net inflows reached $7.9 billion (P397.2 billion) for the whole year of 2016.

SM Prime Holdings, Inc (SMPH) said that it has filed an application for a permit to sell an issuance of fixed-rate bonds with a maximum aggregate amount of P20 billion with the Securities and Exchange Commission (SEC).